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Japan’s chipmaker Kioxia to scrap IPO plan as Sino-U.S. tensions rise - Nikkei Business

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TOKYO: Kioxia Holdings Corp, the world's second-largest memory chipmaker, will scrap plans for an initial public offering (IPO) as tensions between Ch...

Kioxia Holdings Corp, the world's second-largest memory chipmaker, will scrap plans for an initial public offering as tensions between China and the United

States have been rising, the Nikkei Business magazine reported on Sunday.Toshiba said in a statement the company was not in a position to comment on Kioxia's IPO.

 

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